Tearsheet

PagerDuty (PD)


Market Price (6/17/2026): $8.83 | Market Cap: $694.5 MilSector: Information Technology | Industry: Application Software

PagerDuty (PD)


Market Price (6/17/2026): $8.83
Market Cap: $694.5 Mil
Sector: Information Technology
Industry: Application Software

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0

Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 27%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 22%, FCF Yield is 17%

Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 26%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 23%

Valuation becoming less expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -40%

Megatrend and thematic drivers
Megatrends include Cloud Computing, Artificial Intelligence, and Automation & Robotics. Themes include Software as a Service (SaaS), Show more.

Weak multi-year price returns
2Y Excs Rtn is -96%, 3Y Excs Rtn is -135%

Meaningful short interest
Short Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 11%

Significant share based compensation
SBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 18%

Key risks
PD key risks include [1] intense competition from larger, Show more.

0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 27%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 22%, FCF Yield is 17%
1 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 26%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 23%
2 Valuation becoming less expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -40%
3 Megatrend and thematic drivers
Megatrends include Cloud Computing, Artificial Intelligence, and Automation & Robotics. Themes include Software as a Service (SaaS), Show more.
4 Weak multi-year price returns
2Y Excs Rtn is -96%, 3Y Excs Rtn is -135%
5 Meaningful short interest
Short Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 11%
6 Significant share based compensation
SBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 18%
7 Key risks
PD key risks include [1] intense competition from larger, Show more.

Valuation & Metrics

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Updated on 6/9/2026

PagerDuty (PD) stock has gained about 25% since 2/28/2026 because of the following key factors:

1. Strong Fiscal Year 2026 Performance and GAAP Profitability.

PagerDuty announced on March 12, 2026, its financial results for the fourth quarter and full fiscal year 2026, which ended on January 31, 2026. The company achieved its first full year of GAAP profitability, reporting a net income of $173.9 million for fiscal 2026. This included $11.0 million in net income for fiscal Q4 2026, marking its third consecutive quarter of GAAP profitability. Full fiscal year 2026 revenue increased by 5.4% year-over-year to $492.5 million, with fiscal Q4 2026 revenue rising 2.7% year-over-year to $124.8 million, surpassing analyst expectations.

2. Exceeding Fiscal Q1 2027 Earnings and Revenue Estimates.

On May 28, 2026, PagerDuty reported strong financial results for its fiscal Q1 2027, which ended on April 30, 2026. The company posted an adjusted earnings per share (EPS) of $0.32, significantly beating analysts' consensus estimates of $0.24 to $0.20 per share. Additionally, quarterly revenue grew by 1.0% year-over-year to $120.97 million, surpassing analyst estimates of $119.52 million. This strong performance contributed to a more than 15% rise in PagerDuty shares in extended trading following the announcement.

Show more
Updated on 6/9/2026

PagerDuty (PD) stock has gained about 25% since 2/28/2026 because of the following key factors:

1. Strong Fiscal Year 2026 Performance and GAAP Profitability.

PagerDuty announced on March 12, 2026, its financial results for the fourth quarter and full fiscal year 2026, which ended on January 31, 2026. The company achieved its first full year of GAAP profitability, reporting a net income of $173.9 million for fiscal 2026. This included $11.0 million in net income for fiscal Q4 2026, marking its third consecutive quarter of GAAP profitability. Full fiscal year 2026 revenue increased by 5.4% year-over-year to $492.5 million, with fiscal Q4 2026 revenue rising 2.7% year-over-year to $124.8 million, surpassing analyst expectations.

2. Exceeding Fiscal Q1 2027 Earnings and Revenue Estimates.

On May 28, 2026, PagerDuty reported strong financial results for its fiscal Q1 2027, which ended on April 30, 2026. The company posted an adjusted earnings per share (EPS) of $0.32, significantly beating analysts' consensus estimates of $0.24 to $0.20 per share. Additionally, quarterly revenue grew by 1.0% year-over-year to $120.97 million, surpassing analyst estimates of $119.52 million. This strong performance contributed to a more than 15% rise in PagerDuty shares in extended trading following the announcement.

3. Strategic Focus on AI-First Operations and New Offerings.

PagerDuty's emphasis on its role as a leader in AI-first operations management and the introduction of new AI-driven offerings acted as a catalyst. The company highlighted its expanding AI offers and the launch of new AI Agents and a usage-based Operations Cloud package, which are expected to drive consumption growth and accelerate long-term expansion. The CEO noted that usage-based pricing showed traction, with Annual Recurring Revenue (ARR) nearly doubling from fiscal Q4 2026 to fiscal Q1 2027 due to these transitions.

4. Initiation of a Share Repurchase Program.

The announcement of a new $100 million share repurchase program on May 28, 2026, alongside the fiscal Q1 2027 results, signaled management's confidence in the company's financial health and future prospects. Share repurchase programs can reduce the number of outstanding shares, thereby increasing earnings per share and often positively impacting stock price.

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Stock Movement Drivers

Fundamental Drivers

The 24.9% change in PD stock from 2/28/2026 to 6/16/2026 was primarily driven by a 18.6% change in the company's Net Income Margin (%).
(LTM values as of)22820266162026Change
Stock Price ($)7.068.8224.9%
Change Contribution By: 
Total Revenues ($ Mil)4894940.9%
Net Income Margin (%)31.7%37.6%18.6%
P/E Multiple4.23.7-11.6%
Shares Outstanding (Mil)937918.0%
Cumulative Contribution24.9%

LTM = Last Twelve Months as of date shown

Market Drivers

2/28/2026 to 6/16/2026
ReturnCorrelation
PD24.9% 
Market (SPY)9.7%10.2%
Sector (XLK)34.5%22.7%

Fundamental Drivers

The -26.5% change in PD stock from 11/30/2025 to 6/16/2026 was primarily driven by a -48.0% change in the company's P/E Multiple.
(LTM values as of)113020256162026Change
Stock Price ($)12.008.82-26.5%
Change Contribution By: 
Total Revenues ($ Mil)4894940.9%
Net Income Margin (%)31.7%37.6%18.6%
P/E Multiple7.23.7-48.0%
Shares Outstanding (Mil)937918.0%
Cumulative Contribution-26.5%

LTM = Last Twelve Months as of date shown

Market Drivers

11/30/2025 to 6/16/2026
ReturnCorrelation
PD-26.5% 
Market (SPY)10.4%16.9%
Sector (XLK)30.6%26.8%

Fundamental Drivers

The -38.1% change in PD stock from 5/31/2025 to 6/16/2026 was primarily driven by a -48.7% change in the company's P/S Multiple.
(LTM values as of)53120256162026Change
Stock Price ($)14.268.82-38.1%
Change Contribution By: 
Total Revenues ($ Mil)4764943.7%
P/S Multiple2.71.4-48.7%
Shares Outstanding (Mil)917916.2%
Cumulative Contribution-38.1%

LTM = Last Twelve Months as of date shown

Market Drivers

5/31/2025 to 6/16/2026
ReturnCorrelation
PD-38.1% 
Market (SPY)28.8%21.1%
Sector (XLK)62.4%25.2%

Fundamental Drivers

The -67.6% change in PD stock from 5/31/2023 to 6/16/2026 was primarily driven by a -78.8% change in the company's P/S Multiple.
(LTM values as of)53120236162026Change
Stock Price ($)27.218.82-67.6%
Change Contribution By: 
Total Revenues ($ Mil)37149433.1%
P/S Multiple6.61.4-78.8%
Shares Outstanding (Mil)907914.8%
Cumulative Contribution-67.6%

LTM = Last Twelve Months as of date shown

Market Drivers

5/31/2023 to 6/16/2026
ReturnCorrelation
PD-67.6% 
Market (SPY)86.6%39.0%
Sector (XLK)131.7%38.0%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
PD Return-17%-24%-13%-21%-28%-32%-78%
Peers Return37%-50%63%12%-24%-7%-11%
S&P 500 Return27%-19%24%23%16%10%101%

Monthly Win Rates [3]
PD Win Rate42%58%50%33%50%33% 
Peers Win Rate57%28%60%53%35%33% 
S&P 500 Win Rate75%42%67%75%67%50% 

Max Drawdowns [4]
PD Max Drawdown-45%-48%-44%-34%-41%-56% 
Peers Max Drawdown-29%-58%-31%-34%-44%-43% 
S&P 500 Max Drawdown-5%-25%-10%-8%-19%-9% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: NOW, TEAM, DDOG, DT, GTLB. See PD Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 6/16/2026 (YTD)

How Low Can It Go

EventPDS&P 500
2024 Yen Carry Trade Unwind
  % Loss-11.8%-7.8%
  % Gain to Breakeven13.4%8.5%
  Time to Breakeven102 days18 days
Summer-Fall 2023 Five Percent Yield Shock
  % Loss-19.6%-9.5%
  % Gain to Breakeven24.3%10.5%
  Time to Breakeven75 days24 days
2020 COVID-19 Crash
  % Loss-41.5%-33.7%
  % Gain to Breakeven70.9%50.9%
  Time to Breakeven42 days140 days

Compare to NOW, TEAM, DDOG, DT, GTLB

In The Past

PagerDuty's stock fell -11.8% during the 2024 Yen Carry Trade Unwind. Such a loss loss requires a 13.4% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

EventPDS&P 500
2020 COVID-19 Crash
  % Loss-41.5%-33.7%
  % Gain to Breakeven70.9%50.9%
  Time to Breakeven42 days140 days

Compare to NOW, TEAM, DDOG, DT, GTLB

In The Past

PagerDuty's stock fell -11.8% during the 2024 Yen Carry Trade Unwind. Such a loss loss requires a 13.4% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About PagerDuty (PD)

PagerDuty, Inc. operates a digital operations management platform designed to help organizations maintain the continuous operation and health of their critical software systems and digital services. The platform works by collecting real-time "digital signals" from a wide array of software-enabled systems and devices. It then leverages advanced machine learning to intelligently correlate, process, and analyze this data, enabling it to predict potential issues and rapidly identify actual incidents. This capability allows businesses to proactively manage and efficiently resolve digital operational challenges, thereby minimizing service disruptions and ensuring system reliability.

The company's primary offering is its comprehensive digital operations management platform, which provides essential tools for incident response, on-call management, automation, and performance insights. This suite of features empowers development, operations, and IT teams to detect, diagnose, and resolve critical issues across their entire IT infrastructure and applications more effectively. PagerDuty serves a diverse range of industries that heavily depend on robust digital operations, including software and technology, telecommunications, retail, travel and hospitality, media and entertainment, and financial services, providing crucial support for their uninterrupted digital service delivery.

AI Analysis | Feedback

Here are 1-3 brief analogies to describe PagerDuty:

  • It's like ADT for your company's software, constantly monitoring for critical issues and alerting the right team immediately.
  • It's like Google Maps for your company's IT operations, providing real-time visibility into problems and guiding teams to solutions.
  • It's like AccuWeather for your software systems, using machine learning to predict potential outages and help you prevent them.

AI Analysis | Feedback

  • Incident Management Platform: Enables real-time detection, triaging, and resolution of critical incidents across IT systems and applications.
  • AIOps: Utilizes machine learning to correlate digital signals, identify patterns, predict issues, and reduce alert noise for proactive operations.
  • Automation: Provides automated workflows and runbooks to streamline incident response, operational tasks, and accelerate problem resolution.
  • Customer Service Operations: Extends real-time operational visibility and response capabilities to enhance customer support and experience by connecting support teams with operational incidents.

AI Analysis | Feedback

PagerDuty primarily sells its digital operations management platform to other companies (Business-to-Business or B2B). Some of its major customers, which span various industries, include:

  • Zoom Video Communications (Symbol: ZM)
  • Netflix (Symbol: NFLX)
  • Shopify (Symbol: SHOP)
  • Atlassian (Symbol: TEAM)
  • Salesforce (Symbol: CRM)

AI Analysis | Feedback

  • Amazon.com, Inc. (AMZN) - (for Amazon Web Services)
  • Twilio Inc. (TWLO)

AI Analysis | Feedback

Jennifer Tejada, Chairperson and CEO

Jennifer Tejada has a successful track record in product innovation, optimizing operations, and scaling public and private enterprise technology companies over 25 years. Prior to her role at PagerDuty, she was CEO of Keynote Systems, where she led the company to strong, profitable growth before its acquisition by Dynatrace. She was also Executive Vice President and Chief Strategy Officer at Mincom, leading its global strategy up to its acquisition by ABB. She has held senior positions at Procter & Gamble and i2 Technologies. Tejada is also an active tech investor.

Howard Wilson, Chief Financial Officer

Howard Wilson leads PagerDuty's internal and strategic execution, building and directing the finance organization to support the company's growth. He brings more than 20 years of experience in software, services, and operational management to his role. Before becoming CFO in 2018 (after serving as acting CFO from December 2017), he was PagerDuty's Chief Commercial Officer. Prior to joining PagerDuty, he oversaw the SaaS business at Dynatrace and was the Chief Operating Officer at Keynote Systems. Wilson also served as Senior Vice President of Field Operations at Ventyx and spent 14 years in various senior leadership roles at Oracle.

Jeff Hausman, Chief Product Development Officer

Jeff Hausman joined PagerDuty in February 2024, where he is responsible for the company's product strategy, product management, engineering, design, and user experience. Before PagerDuty, Hausman was the Chief Product Officer at Samsara. He previously served as ServiceNow Senior Vice President and General Manager of the Operations Management Portfolio and has over 25 years of experience leading product development as a senior executive across a wide range of products at McAfee, Symantec, Hewlett-Packard, and Veritas.

Katherine Post Calvert, Chief Marketing Officer

Katherine Post Calvert joined PagerDuty as Chief Marketing Officer in May 2022. She has over 20 years of leadership experience in global marketing strategy, branding, product marketing, campaign management, demand generation, and marketing automation. Prior to PagerDuty, Calvert served as CMO at Khoros, a customer engagement platform provider, where she led the global marketing strategy. She also served as CMO of Advent Software.

Tim Armandpour, Chief Technology Officer

Tim Armandpour is the Chief Technology Officer at PagerDuty, where he leads the company's long-term technology strategy, architecture vision, security, and technology research. He brings a 20-year history of applying technological innovation to maximize value to users. Before joining PagerDuty, Tim led product management and engineering teams at Yapstone, a global payment solutions provider, and global engineering teams at PayPal.

AI Analysis | Feedback

The key risks to PagerDuty's business are primarily centered around its decelerating revenue growth, intense market competition, and reliance on its core incident management product.

1. Decelerating Revenue Growth and Customer Retention Challenges

PagerDuty has been experiencing slowing growth rates, with concerns raised by analysts regarding high churn rates and stagnant revenue growth. The company faces increased challenges in expanding within existing customer accounts and attracting new ones, particularly in a tighter IT spending environment. This risk indicates that revenue growth may continue to decelerate, fluctuate, or decline, which could negatively affect the company's stock price.

2. Intense Market Competition and Need for Technological Adaptation

The digital operations management market in which PagerDuty operates is highly competitive. The company faces substantial competition from both established players and new entrants, particularly those leveraging emerging artificial intelligence (AI) technologies. PagerDuty's ability to compete effectively, retain and attract new customers, and continuously adapt its platform to rapid technological changes, evolving industry standards, and changing customer needs is critical to its operating results.

3. Reliance on a Single Product Line

A significant majority of PagerDuty's revenue is derived from its incident management product. This concentration makes the company vulnerable to competitive threats and technological shifts. If demand for this core product were to decline due to factors like increased competition, evolving technology, or changing customer preferences, it could adversely affect PagerDuty's revenue and overall financial performance.

AI Analysis | Feedback

The clear emerging threat for PagerDuty is the increasing integration of incident management, on-call automation, and AIOps capabilities directly into larger, existing IT operations management (ITOM), observability, and IT service management (ITSM) platforms offered by major competitors.

Companies like Datadog, Splunk, and ServiceNow are actively expanding their platforms with features that directly compete with PagerDuty's core offerings. For instance, observability platforms are adding sophisticated incident response and on-call scheduling, while ITSM giants are enhancing their AIOps and workflow automation. This trend towards platform consolidation could reduce the need for PagerDuty as a standalone solution, especially for enterprises that prefer a single, integrated vendor for their operational tooling.

AI Analysis | Feedback

PagerDuty (symbol: PD) estimates its total addressable market to be $50 billion globally.

This market opportunity encompasses several key areas:

  • Developers, driven by digital services and software-driven innovation, account for an estimated 30 million users.
  • Infrastructure and Operations, undergoing modernization with digital transformation, cloud adoption, and DevOps, represent approximately 23 million users.
  • Customer Service, with a push for improving cost-efficiency and productivity through self-service and automation, has about 28 million users.
  • SecOps, a smaller but influential population focused on protecting technology, data, employees, and customers, includes an estimated 6 million users.

PagerDuty believes it has approximately 1% penetration worldwide within these markets. The company serves over 20,000 customers globally, including more than 65% of the Fortune 100.

AI Analysis | Feedback

PagerDuty (PD) is expected to drive future revenue growth over the next 2-3 years through several key strategic initiatives and product expansions.

  1. Product Expansion with AI and Automation Capabilities: PagerDuty is focusing on broadening its digital operations management platform beyond core incident alerting to include advanced AI operations (AIOps), automation, customer service operations (CSOps), and comprehensive incident response solutions. The company is actively integrating generative AI capabilities, such as Incident Workflows, Incident Roles and Tasks, and Incident Types, as well as developing Agentic AI offerings like Agentic Site Reliability Engineer and Operational Insights. This expansion aims to address a wider range of workflows and personas, creating significant upsell and cross-sell opportunities for existing customers.

  2. Enterprise and Multi-Product Customer Expansion: A significant driver of revenue growth is the continued focus on expanding PagerDuty's presence within large enterprise accounts. Management emphasizes securing multi-year, multi-product strategic deals with these customers. This strategy aims to increase the number of customers contributing over $100,000 in annual recurring revenue (ARR) and to boost the adoption of multiple PagerDuty products, fostering durable net expansion.

  3. Transition to Consumption-Based "Flex" Pricing Models: PagerDuty is strategically shifting away from traditional seat-based licensing to more flexible, consumption-led pricing models. This "flex" pricing is designed to reduce friction for customers, allowing the platform to scale more efficiently across human responders, automated solutions, and various agents. This transition is expected to enable customers to explore new use cases beyond traditional digital operations, potentially including areas like manufacturing and broader AI operations, thereby driving gradual ARR improvement.

  4. Strategic Partnerships and Ecosystem Integrations: PagerDuty is actively pursuing and leveraging strategic partnerships with major technology companies, including Amazon Web Services (AWS), Microsoft Azure, and ServiceNow. These alliances, along with over 700 integrations across cloud, observability, IT service management (ITSM), and security ecosystems, are crucial for expanding market reach and driving new customer acquisition. A notable partnership involves integrating PagerDuty Advance with Amazon Q Business and Amazon Bedrock to enhance AI capabilities and expand the customer base.

AI Analysis | Feedback

Share Repurchases

  • PagerDuty's Board of Directors approved an increase in the company's share repurchase program to $200 million on August 28, 2025.
  • In March 2025, a new share repurchase program of up to $150 million of common stock was authorized.
  • A $100 million share repurchase program was completed in May 2024.

Outbound Investments

  • In November 2023, PagerDuty completed the acquisition of Jeli, Inc., a cloud-based business intelligence and incident analysis platform, to enhance its incident management solution.
  • PagerDuty acquired Catalytic for no-code workflows in 2022.

Capital Expenditures

  • PagerDuty's latest twelve months capital expenditure was $6.93 million as of June 2025.
  • Capital expenditures reached their peak in 2023.
  • In the most recent quarter, capital expenditures totaled -$0.74 million USD.

Better Bets vs. PagerDuty (PD)

Latest Trefis Analyses

Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

PDNOWTEAMDDOGDTGTLBMedian
NamePagerDutyServiceN.AtlassianDatadog DynatraceGitLab  
Mkt Price8.82101.3387.95231.1141.4627.8164.70
Mkt Cap0.7104.923.081.612.34.717.6
Rev LTM49413,9606,1903,6722,0181,0052,845
Op Inc LTM251,876-229-25264-520
FCF LTM1154,6241,205959529263744
FCF 3Y Avg993,8001,315820435115628
CFO LTM1285,4371,2491,113562276838
CFO 3Y Avg1094,6261,352927466121697

Growth & Margins

PDNOWTEAMDDOGDTGTLBMedian
NamePagerDutyServiceN.AtlassianDatadog DynatraceGitLab  
Rev Chg LTM3.7%21.7%24.7%29.5%18.8%24.9%23.2%
Rev Chg 3Y Avg8.4%22.4%22.7%27.0%20.3%29.5%22.5%
Rev Chg Q1.0%22.1%31.7%32.2%19.4%23.1%22.6%
QoQ Delta Rev Chg LTM0.2%5.1%7.5%7.1%4.5%5.2%5.2%
Op Inc Chg LTM152.4%26.5%-35.5%-182.4%47.1%58.3%36.8%
Op Inc Chg 3Y Avg71.5%71.1%-11.1%17.2%41.7%36.7%39.2%
Op Mgn LTM5.1%13.4%-3.7%-0.7%13.1%-5.1%2.2%
Op Mgn 3Y Avg-9.4%12.1%-3.2%0.3%10.9%-16.6%-1.4%
QoQ Delta Op Mgn LTM3.9%-0.3%-0.5%0.6%0.1%2.2%0.4%
CFO/Rev LTM26.0%38.9%20.2%30.3%27.8%27.4%27.6%
CFO/Rev 3Y Avg23.0%39.9%27.2%31.9%27.1%13.8%27.2%
FCF/Rev LTM23.3%33.1%19.5%26.1%26.2%26.2%26.2%
FCF/Rev 3Y Avg20.9%32.7%26.5%28.4%25.3%13.1%25.9%

Valuation

PDNOWTEAMDDOGDTGTLBMedian
NamePagerDutyServiceN.AtlassianDatadog DynatraceGitLab  
Mkt Cap0.7104.923.081.612.34.717.6
P/S1.47.53.722.26.14.75.4
P/Op Inc27.455.9-100.3-3,315.446.8-91.6-32.1
P/EBIT15.843.7-157.6491.446.8-91.629.7
P/E3.759.7-105.9601.875.8-188.731.7
P/CFO5.419.318.473.322.017.118.8
Total Yield26.8%1.7%-0.9%0.2%1.3%-0.5%0.7%
Dividend Yield0.0%0.0%0.0%0.0%0.0%0.0%0.0%
FCF Yield 3Y Avg11.2%2.8%4.0%2.1%3.5%2.7%3.1%
D/E0.60.00.10.00.00.00.0
Net D/E-0.0-0.00.0-0.0-0.1-0.3-0.0

Returns

PDNOWTEAMDDOGDTGTLBMedian
NamePagerDutyServiceN.AtlassianDatadog DynatraceGitLab  
1M Rtn30.3%6.6%0.6%11.1%8.1%17.5%9.6%
3M Rtn27.8%-13.2%17.4%79.3%4.2%21.5%19.5%
6M Rtn-31.5%-35.1%-44.9%65.0%-6.1%-27.0%-29.3%
12M Rtn-39.9%-49.6%-56.1%89.5%-23.9%-33.9%-36.9%
3Y Rtn-60.6%-10.4%-50.5%141.4%-19.0%-45.7%-32.4%
1M Excs Rtn28.9%5.2%-0.8%9.7%6.7%16.2%8.2%
3M Excs Rtn16.0%-25.0%5.6%67.5%-7.6%9.7%7.6%
6M Excs Rtn-42.2%-51.4%-55.7%48.3%-20.0%-39.6%-40.9%
12M Excs Rtn-64.3%-74.4%-81.0%66.2%-47.5%-58.2%-61.3%
3Y Excs Rtn-134.8%-79.9%-123.6%66.9%-93.4%-115.8%-104.6%

Financials

Segment Financials

Revenue by Segment
$ Mil20262025202420232022
Single Segment493467431371281
Total493467431371281


Assets by Segment
$ Mil2021
Single Segment795
Total795


Price Behavior

Price Behavior
Market Price$8.82 
Market Cap ($ Bil)0.7 
First Trading Date04/11/2019 
Distance from 52W High-48.6% 
   50 Days200 Days
DMA Price$7.41$11.05
DMA Trenddownup
Distance from DMA19.0%-20.2%
 3M1YR
Volatility96.0%65.9%
Downside Capture169.70213.84
Upside Capture187.9795.82
Correlation (SPY)11.6%19.8%
PD Betas & Captures as of 5/31/2026

 1M2M3M6M1Y3Y
Beta-1.23-0.060.430.961.141.36
Up Beta-11.06-2.95-1.73-0.620.191.14
Down Beta0.82-0.64-0.480.600.971.21
Up Capture446%298%217%129%101%158%
Bmk +ve Days13283667141432
Stock +ve Days10203052107352
Down Capture-340%65%102%185%159%112%
Bmk -ve Days7132757109318
Stock -ve Days9193169137391

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with PD
PD-38.9%65.9%-0.49-
Sector ETF (XLK)57.1%23.0%1.8924.6%
Equity (SPY)27.2%12.4%1.6620.2%
Gold (GLD)25.8%27.4%0.82-7.8%
Commodities (DBC)23.3%18.9%0.98-10.0%
Real Estate (VNQ)13.6%13.5%0.69-1.8%
Bitcoin (BTCUSD)-37.7%42.4%-1.0015.9%

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Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with PD
PD-25.7%56.3%-0.32-
Sector ETF (XLK)22.6%25.2%0.7950.7%
Equity (SPY)13.8%17.1%0.6350.4%
Gold (GLD)17.6%18.2%0.781.9%
Commodities (DBC)7.8%19.4%0.307.3%
Real Estate (VNQ)2.5%18.8%0.0435.9%
Bitcoin (BTCUSD)12.1%54.2%0.4227.2%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with PD
PD-13.7%60.4%-0.09-
Sector ETF (XLK)25.1%24.7%0.9249.2%
Equity (SPY)15.4%18.0%0.7346.0%
Gold (GLD)12.8%16.1%0.663.4%
Commodities (DBC)6.2%18.0%0.2711.2%
Real Estate (VNQ)5.6%20.7%0.2333.0%
Bitcoin (BTCUSD)60.7%66.8%1.0023.3%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date5292026
Short Interest: Shares Quantity8.6 Mil
Short Interest: % Change Since 515202610.9%
Average Daily Volume2.5 Mil
Days-to-Cover Short Interest3.5 days
Basic Shares Quantity78.6 Mil
Short % of Basic Shares11.0%

Earnings Returns History

Updated 6/8/2026
Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
5/28/202633.7%27.7% 
3/12/2026-2.8%-5.1%-16.6%
11/25/2025-23.3%-20.9%-12.1%
9/3/20256.3%2.2%5.6%
5/29/2025-11.4%-4.5%-5.1%
3/13/202517.7%20.8%-0.9%
11/26/20240.5%3.1%-14.7%
9/3/2024-1.1%-3.3%-1.7%
...
SUMMARY STATS   
# Positive10109
# Negative141414
Median Positive13.0%9.9%10.3%
Median Negative-7.5%-4.8%-9.6%
Max Positive33.7%34.7%27.9%
Max Negative-25.8%-33.1%-21.0%
Collapse to Preview
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
5/28/202633.7%27.7% 
3/12/2026-2.8%-5.1%-16.6%
11/25/2025-23.3%-20.9%-12.1%
9/3/20256.3%2.2%5.6%
5/29/2025-11.4%-4.5%-5.1%
3/13/202517.7%20.8%-0.9%
11/26/20240.5%3.1%-14.7%
9/3/2024-1.1%-3.3%-1.7%
3/14/2024-7.3%-0.9%-8.6%
11/30/2023-0.3%0.5%0.6%
8/31/2023-7.7%-9.2%-12.7%
6/1/2023-17.1%-19.2%-18.9%
3/15/202314.8%13.1%19.4%
12/1/20225.1%6.6%14.9%
9/1/2022-2.4%4.6%-3.2%
6/2/2022-5.1%-2.6%-0.9%
3/16/202220.9%34.7%21.5%
12/7/202111.2%-3.3%-5.5%
9/2/20217.0%-0.6%-10.7%
6/3/2021-13.0%-1.8%3.9%
3/17/2021-8.1%-5.7%3.5%
12/3/202026.2%32.7%27.9%
9/2/2020-25.8%-33.1%-21.0%
6/4/2020-2.4%-9.5%10.3%
SUMMARY STATS   
# Positive10109
# Negative141414
Median Positive13.0%9.9%10.3%
Median Negative-7.5%-4.8%-9.6%
Max Positive33.7%34.7%27.9%
Max Negative-25.8%-33.1%-21.0%

SEC Filings

Expand for More
Report DateFiling DateFiling
04/30/202605/28/202610-Q
01/31/202603/12/202610-K
10/31/202511/26/202510-Q
07/31/202509/04/202510-Q
04/30/202505/30/202510-Q
01/31/202503/17/202510-K
10/31/202411/27/202410-Q
07/31/202409/04/202410-Q
04/30/202405/31/202410-Q
01/31/202403/15/202410-K
10/31/202312/01/202310-Q
07/31/202309/01/202310-Q
04/30/202306/02/202310-Q
01/31/202303/16/202310-K
10/31/202212/02/202210-Q
07/31/202209/02/202210-Q
Collapse to Preview
Report DateFiling DateFiling
04/30/202605/28/202610-Q
01/31/202603/12/202610-K
10/31/202511/26/202510-Q
07/31/202509/04/202510-Q
04/30/202505/30/202510-Q
01/31/202503/17/202510-K
10/31/202411/27/202410-Q
07/31/202409/04/202410-Q
04/30/202405/31/202410-Q
01/31/202403/15/202410-K
10/31/202312/01/202310-Q
07/31/202309/01/202310-Q
04/30/202306/02/202310-Q
01/31/202303/16/202310-K
10/31/202212/02/202210-Q
07/31/202209/02/202210-Q
04/30/202206/03/202210-Q
01/31/202203/17/202210-K
10/31/202112/08/202110-Q
07/31/202109/03/202110-Q
04/30/202106/04/202110-Q
01/31/202103/19/202110-K
10/31/202012/04/202010-Q
07/31/202009/03/202010-Q
04/30/202006/05/202010-Q
01/31/202003/19/202010-K
10/31/201912/06/201910-Q
07/31/201909/06/201910-Q

Recent Forward Guidance

Updated 6/1/2026

Latest: Q1 2027 Earnings Reported 5/28/2026

Forward GuidanceGuidance Change
MetricLowMidHigh% Chg% DeltaChangePrior
Q2 2027 Revenue122.00 Mil123.00 Mil124.00 Mil   
Q2 2027 EPS0.290.30.31   
2027 Revenue488.50 Mil492.50 Mil496.50 Mil0 AffirmedGuidance: 492.50 Mil for 2027
2027 EPS1.271.291.323.2%4.0%RaisedGuidance: 1.25 for 2027

Prior: Q4 2026 Earnings Reported 3/12/2026

Forward GuidanceGuidance Change
MetricLowMidHigh% Chg% DeltaChangePrior
Q1 2027 Revenue118.00 Mil119.00 Mil120.00 Mil   
Q1 2027 Non-GAAP EPS0.230.240.25   
2027 Revenue488.50 Mil492.50 Mil496.50 Mil0.3% Higher NewGuidance: 491.00 Mil for 2026
2027 Non-GAAP EPS1.231.251.2812.6% Higher NewGuidance: 1.11 for 2026

Insider Activity

Updated 5/20/2026
Expand for More
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Tejada, JenniferExecutive ChairDirectSell52020266.92105,101727,29912,106,270Form
2Tejada, JenniferExecutive ChairDirectSell52020266.98358,4002,501,63212,944,843Form
3Solomon, Dan Alexandru DirectSell1231202513.35266,6673,560,00431,902,028Form
4Solomon, Dan Alexandru DirectSell729202518.004886447,825,550Form
Collapse to Preview
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Tejada, JenniferExecutive ChairDirectSell52020266.92105,101727,29912,106,270Form
2Tejada, JenniferExecutive ChairDirectSell52020266.98358,4002,501,63212,944,843Form
3Solomon, Dan Alexandru DirectSell1231202513.35266,6673,560,00431,902,028Form
4Solomon, Dan Alexandru DirectSell729202518.004886447,825,550Form
Core Cache Last Updated: 6/16/2026